All the bot seems to do is deter the buyers from stepping up.....many times there is eg. 80k shares on bid at 61 and 5k at 62, and usually the buyers would step up and start mounting up at 62.
But the bot sells down into 61 regardless.....if i wanted to get rid of a large portion of shares i would wait for the buyers to build and dump them in chunks rather than continually sneaking the price down.......can't see how the bot is working in sellers favour, more likely the opposite.
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